Shlomi Fedida Leases 31,528 SF Retail Space To Bealls In Rockledge For Over $4M
1802 Rockledge Boulevard
$15
$15/SF
Building Size
31,528 SF
Asset Type
Retail
Closing
Mar 13, 2026
AI
The retail asset located at 1802 Rockledge Boulevard in Rockledge has a lease agreement with Bealls. The property encompasses a total of 31,528 square feet with an asking rent of $15 per square foot, and the lease is structured as a 10-year NNN lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: over $4,000,000
- Landlord: Shlomi Fedida
- Tenant: Bealls
- Brokers: Caio Martin - Current Capital Realty; Daniel Fedida
- Lease Term: 10 Years
- Lease Type: NNN Lease
Caio Martin and Daniel Fedida represented the landlord, Shlomi Fedida, in this lease transaction. Bealls is experiencing significant growth, with over 20 stores planned and more than 650 locations established nationwide.
Players
Rockledge Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1057533.33%
Cash-on-Cash
-302246.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93